The Global Oil and Gas Markets and the Iranian Economy Thursday 18 June 2015 4:30-6:30Pm Winstanley Lecture Theatre, Trinity College, Cambridge

Total Page:16

File Type:pdf, Size:1020Kb

The Global Oil and Gas Markets and the Iranian Economy Thursday 18 June 2015 4:30-6:30Pm Winstanley Lecture Theatre, Trinity College, Cambridge The Global Oil and Gas Markets and the Iranian Economy Thursday 18 June 2015 4:30-6:30pm Winstanley Lecture Theatre, Trinity College, Cambridge As negotiations between Iran and the P5+1 group over Iran’s nuclear programme enter its final stages, important questions loom over the impact of any such potential deal on the Iranian economy and its implications for the global oil and gas markets, where Iran is a big player accounting for the world’s fourth largest reserves of crude oil and the second largest for gas. To address these and other topical issues, the International Iranian Economic Association (IIEA) is pleased to announce two presentations at Trinity College, University of Cambridge followed by a Q&A session. HE Seyed Mohammad Hossein Adeli Secretary General of the Gas Exporting Countries Forum (GECF) “Changing Dynamics of the Global Gas Market: the Impact of New Exporters with Special Focus on Iran" Professor Hashem Pesaran John Elliott Distinguished Chair in Economics, University of Southern California, and Fellow of Trinity College, Cambridge “Oil Shocks, Foreign Exchange Crises, and the Iranian Economy” Chaired by: Dr Hassan Hakimian, SOAS, University of London Local organizer: Dr Kamiar Mohaddes, University of Cambridge All welcome and entry is free, but registration is required. To register, please send an email to Valentina Zanardi [[email protected]] HE Seyed Mohammed Hossein Adeli, is an economist, diplomat and academic with extensive government and private sector experience in energy, economics, international relations and diplomacy. He has a Ph.D. in Business Administration and a Ph.D. in Economics. He has held Government positions in Iran such as Advisor to the Minister of Oil on International Affairs, Deputy Foreign Minister for Economic and Energy Affairs, Governor of Central Bank, Advisor to President of the Islamic Republic of Iran as well as Iranian Ambassador to the Japan, Canada and the United Kingdom. Dr. Adeli has been instrumental in economic reforms after the war in Iran. He has also served as the Chief negotiator of Iran-Pakistan-India gas pipeline, Iran-Europe gas cooperation and the Iran- Armenia gas pipeline as well as in common offshore gas fields with Kuwait and Saudi Arabia. He was also Chairman of the Board of Directors of the National Iranian Gas Export Company. After Government service, he established a non-Governmental Think Tank, “Ravand Institute for Economic and International Studies” from 2005-2013-the first private Think Tank of Iran, focusing on economics, energy, international studies and environment, working closely with international Oil companies, the World Economic Forum and other similar high-level international Think Tank and private sector. Dr. Adeli assumed office as Secretary General of the Gas Exporting Countries Forum on January 1st, 2014 for a period of two years in accordance with the Statute. Dr. Hashem Pesaran received his Ph.D. in Economics from Cambridge University. He is currently the John Elliot Distinguished Chair and Professor of Economics at USC, the director of the USC Dornsife Institute for New Economic Thinking, and the director of the Centre for Applied Financial Economics at USC. He is also a Fellow of Trinity College, and an Emeritus Professor of Economics at Cambridge University. Dr. Pesaran is a Fellow of the British Academy and a Fellow of the Econometric Society, and he has been the director of the Economic Research Department of the Central Bank of Iran, and a member World Bank's Council of Advisers for the Middle East and North Africa. He is currently the President of the International Iranian Economic Association, and Chair of the Board of Directors of the International Association for Applied Econometrics. He has over 200 publications in leading scientific journals in the areas of econometrics, empirical macroeconomics and the Iranian economy, and is an expert in the economics of Oil and the Middle East. Other Information The Winstanley Lecture Theatre is a fully-equipped audio-visual theatre, with seating for up to 150 people. To reach it, turn into Whewell's Court from Trinity Street. Turn right immediately after the first arch and climb the stone stairs. At the top of the stairs, follow the path round the ziggurat-like Wolfson building, leaving it to your left. Then turn right into Blue Boar Court. The Winstanley Lecture Theatre is on the east side of the Court. N Winstanley Lecture Theatre .
Recommended publications
  • Summary Proceedings
    Summary Proceedings of the Forty-Fifth Annual Meeting of the Board of Governors September 25-27, 1990 International Monetary Fund Washington, D.C. ©International Monetary Fund. Not for Redistribution International Standard Serial Number ISSN 0074-7025 ©International Monetary Fund. Not for Redistribution CONTENTS Page Introductory Note ix Address by the President of the United States, George Bush 1 Opening Address by the Chairman of the Boards of Governors, the Governor of the Fund and the Bank for Kenya, George Saitoti . 5 Presentation of the Forty-Fifth Annual Report by the Chairman of the Executive Board and Managing Director of the International Monetary Fund, M. Camdessus 12 Discussion of Fund Policy at Second Joint Session Report by the Chairman of the Interim Committee of the Board of Governors on the International Monetary System, Michael H. Wilson 22 Statements by the Governors for Italy—Guido Carli* 25 Italy—Guido Carli 29 Indonesia—J. B. Sumarlin 33 France—Pierre Bérégovoy 38 Japan—Ryutaro Hashimoto 40 Côte d'lvoire—Kablan D. Duncan* 46 China—WANG Bingqian 52 Philippines—Jesus P. Estanislao 56 Kuwait—Sheikh Ali Al-Khalifa Al-Sabah 58 Austria—Ferdinand Lacina 61 Israel—Michael Bruno 63 Greece—Efthimios Christodoulou 67 Discussion of Fund Policy at Third Joint Session Report by the Chairman of the Joint Ministerial Committee of the Boards of Governors on the Transfer of Real Resources to Developing Countries (Development Committee) B.T.G. Chidzero 73 Statements by the Governors for Islamic Republic of Iran—Mohsen Nourbakhsh 76 Federal Republic of Germany—Karl Otto Poehl 79 United Kingdom—John Major 83 India—Madhu Dandavate 87 *Speaking on behalf of a group of countries.
    [Show full text]
  • Bright Future for the Blue Fuel
    ENERGYTHE GLOBAL SECURITY ENERGY THROUGH DIALOGUE DIALOGUE BRIGHT FUTURE FOR THE BLUE FUEL By HE Dr Seyed Mohammad Hossein Adeli Secretary General, Gas Exporting Countries Forum (GECF) he Gas Exporting Countries Forum (GECF) is a of skills and technology, as well as a reputation as reliable recognised intergovernmental Organisation with suppliers, and are therefore ideally placed to play a pivotal its key statutory objective to support the sovereign role in the global energy markets. rights of its Member Countries over their natural The GECF’s potential is immense, as its Member Tgas resources, and their ability to independently plan and Countries collectively account for 65 per cent of the world’s manage the sustainable, efficient and environmentally proven natural gas reserves. Furthermore, the Forum conscious development, use and conservation of these controls 66 per cent of Liquefied Natural Gas (LNG) resources for the benefit of their peoples. trade and 64 per cent of the pipeline trade in natural gas. The Forum was established in 2001, in Tehran, and has Our organisation fully supports the development of been expanding its activities ever since, presently evolving producer-consumer dialogue as a cornerstone element of into a fully-fledged intergovernmental gathering of 18 stable energy markets, based on the fact that in a globalising natural gas producing and exporting countries from all world, producers and consumers are becoming increasingly over the world, providing an important framework for the interdependent, due to trade expansion, technological exchange of views, experience and information. enhancements in communications and interconnected Our day-to-day activities include promoting discourse financial markets.
    [Show full text]
  • Rouhani's First One Hundred Days
    Atlantic Council SOUTH ASIA CENTER IRAN TASK FORCE BY YASMIN ALEM AND BARBARA SLAVIN Rouhani’s First One Hundred Days: Cautious Domestic Reforms and Nuclear Breakthrough NOVEMBER 2013 After eight turbulent years during which conservatives monopolized Iranian politics, the election of centrist Atlantic Council Iran Task Force cleric Hassan Rouhani on June 14, 2013, marked a new, The Iran Task Force, launched in 2010 and chaired yet in some ways familiar chapter in post-revolutionary by Ambassador Stuart Eizenstat, performs a Iranian politics. It was new in the sense that his comprehensive analysis of Iran’s internal political sweeping victory demonstrated unprecedented popular landscape, as well as its role in the region and the desire for change and elite recognition of the need for world, to answer the question of whether there are a less confrontational foreign policy. But Rouhani’s elements within the country and region that can presidency is also familiar because the team he has build the basis for an improved relationship with assembled is drawn from the old guard of the Islamic the West and how these elements, if they exist, Republic, which enabled the regime to survive following could be utilized by US policymakers. the 1980-88 Iran-Iraq War. The Iran Task Force is a project of the Atlantic The serious economic and international challenges Council’s South Asia Center, and is supported of today have an air of déjà vu for many of these generously by a grant from the Ploughshares Fund. technocrats. The majority served under President Akbar Hashemi Rafsanjani, who spearheaded the war-ravaged country’s reconstruction from 1989 to 1997.1 The United States can facilitate Rouhani’s efforts Rafsanjani’s successor, Mohammad Khatami, whose by implementing the historic nuclear agreement thwarted Many efforts of tothese repair figures Iran’s went relations on to withwork the for reached on November 24.
    [Show full text]
  • United Nations
    ... ... UNITED NATIONS Distr .. Limited 7 October 2004 PROTOCOL AND LIAISON LIST OF DELEGATIONS TO THE FIFTY-NINTB SESSION OF THE GENERAL ASSEMBLY I. MEMBERSTATFS pqgc pqgr Afghanistan ......................................................................... 5 Cyprus .............................................................................. 33 ...................................................................... 5 Cmh Republic ............................ .......................... 34 Algeria ............................................................................... 6 Democratic People's Republic of Andorra............................................................................... 7 Dcnmarlc....................................... Angola ................................................................................ 7 Djibouti ........................................ Antigua and Barbuda .......................................................... 8 Dominica .......................................................................... 37 ....................................................................... 8 ....................................................................... 9 .................... ..................................................................... 9 .................... .............................................................................. 10 El Salvador........................ Azerbaijan ........................................................................ 12 Bahamas ..........................................................................
    [Show full text]
  • ISA2018 Abstract Volaume
    XVIIIth International Symposium on Atherosclerosis June 9–12, 2018 TORONTO CANADA ABSTRACT VOLUME Abstracts, XVIII International Symposium on Atherosclerosis, Toronto, Canada, June 9 - 12, 2018 Table of Contents Oral Presentations C1-1 NLA - CSATVB Joint Session – Familial Hypercholesterolemia . .1 C1-3 NAVBO - CSATVB Joint Session: The Aging Vasculature . .2 C1-4 JAS - CSATVB Joint Session: Endothelial Dysfunction, Aging and Atherosclerosis . 5. C1-5 CIHR – IAPH/ICRH/IG Joint Session: From Molecules to Communities – The Complexities of Indigenous Heart and Brain Health . 8. C1-10 Lipoprotein(a): More Fascinating Than Ever . 9. C1-11 Smooth Muscle Cells: the Workhorse of the Vasculature . 12. C1-12 Pediatric Familial Hypercholesterolemia: Early Origins of Disease . .15 C1-13 Mazankowski Alberta Heart Institute Session: The pros-and-cons of Atherosclerosis Imaging for Drug Development . .17 C1-14 JAS - CSATVB Joint Session: Endothelial Dysfunction, Aging and Atherosclerosis . 19. C2-1 Lipid Therapy: What’s New and What’s Next? . .22 C2-2 Journal of Lipid Research Session: Genetics of Dyslipidemias – the Complexity Intensifies . 25. C2-3 IAS/ International Chair on Cardiometabolic Risk (ICCR) Joint Session – Obesity: The Weight of Evidence . 28. C2-4 Macrophages: Agents Provocateurs in Atherosclerosis . .30 C2-5 PCSK9: Exciting Times for Therapeutic Interventions . .34 C2-6 IAS – EAS Joint Session: Atherosclerosis: From Plaque Biology to Clinical Practice . .37 C2-7 Optimal Medical Treatment for ASCVD: Theory or Reality . .39 C2-8 NLA - CSATVB: Triglyceride Rich Lipoproteins and non-HDL: Residual Risk Embodied . 40. C2-10 Diet and Lifestyle: Turning the Tide Without Drugs . 43. C2-11 Statin Intolerance: a Barrier to Treatment .
    [Show full text]
  • Getting a Seat at the IMF Executive Board Table By: Bessma Momani
    Title: Getting a Seat at the IMF Executive Board Table By: Bessma Momani Assistant Professor, Departments of Political Science and History, University of Waterloo Senior Fellow, Centre for International Governance and Innovation [email protected] Paper Submitted for Consideration to “The Political Economy of International Organizations’ 3-8 February 2008, Ascona, Switzerland Abstract: How are seats allocated on the International Monetary Fund’s (IMF) Executive Board? Are seats determined by bureaucratic interests, strategic power politics, or by a combination of the two? The theoretical debate on this issue is lively, with hypothesizing taking place on every front. What is sorely lacking, however, is empirical evidence of actual practice. Developing an evidence-based understanding of the manner in which IMF member states gain access to seats at the Executive Board is particularly crucial now, given the centrality of this issue to current debates about the very future of the IMF itself. As part of a multi-case study, this paper will present historical context to this current policy dilemma, illustrating the political process involved in getting a seat at the Executive Board in the cases of Russia and Switzerland. Introduction Created in 1944 as part of the post-World War strategy to prevent another Great Depression, the International Monetary Fund (IMF) was ideally meant to coordinate financing and technical advice to member countries experiencing economic imbalances. Today, however, the IMF is frequently criticized for its failure to be accountable and legitimate in the eyes of its own members. Recently, many prominent policymakers across the world have argued that the IMF’s legitimacy crisis can only be resolved by re-allocating the 24 seats on its Executive Board in a way that gives greater voice to countries that are seen to be underrepresented.
    [Show full text]
  • The 5Th Iranian Petroleum and Energy Club Congress & Exhibition
    The 5th Iranian Petroleum and Energy Club Congress & Exhibition IPEC 2019 Post Event Report 8-9 October 2019 IRIB International Conference Center IPEC 2020 he 6th Iranian Petroleum and Energy Club T Congress & Exhibition 6 IRIB International Conference Center 8 -10 December 2020 Congress Topics Future Directions in Iran’s Petroleum and Electricity Business Environment; Focusing On the Role of Private Sector OPEC and Non-OPEC Future Outlook New Requirements of Regional and International Gas Markets Digital Currencies; Opportunities and Threats CSR in Oil and Gas Industries 8 Million bbl/d Oil Production; Dream or Reality Petroleum Sector and Government Fiscal Regime Environmental Challenges; Progress or Setback Knowledge-Based Companies and Startups; The Key to Oil Industry`s Future Evolution Review of “Article 44 Of The Constitution`s Policies” Implementation and Outsourcing of State-Owned Sector Review The Boundaries of Government Tenure and Outsourcing Approach Restructuring and Reforming of the Ministry of Petroleum; International Experience and Studies Funding Development of Petroleum and Electricity Sectors; Stock Markets and Financial Securities The congress was held in 2 days in 6 different panels with 34 speakers 1 Keynote Speakers *The below positions relate to the time the congress was held Bijan Zanganeh, Iranian Petroleum Minister Mehdi Mir Moezi, Head of IPEC`s Policy Council Mohammad Reza Bahonar, Ex Member of the IRI Parliament Lars Nordrum, Norway Ambassador to Iran Mohammad Hosein Adeli, Head of the Board,
    [Show full text]
  • Energy Outlook
    First Quarter 2015 Energy Outlook Energy Industry Faces Many Unknown Unknowns in 2015, but Innovation Remains the One Known Known! Thegulfintelligence.com 99 CONTENT 03 Foreword By Sean Evers, Managing Partner, Gulf Intelligence INNOVATION & COMPETITION 05 The Global Oil Industry Should Shape the Post-Easy Oil Era with Technological Innovation – or Risk Being Shaped By It By John Wishart, President, Lloyd’s Register Energy 11 Volume, Velocity & Variety: Data – a Key Resource for the 21st Century Oil Industry By Abdulla Al-Qamzi, Manager Digital Oil Field, ADMA-OPCO 15 How can the Energy Industry Help STEM the Great Crew Change? By Andrew Vaughan, Vice President Abu Dhabi, Kuwait and Syria, Shell Abu Dhabi 19 Energy Hubs 2035: A New Energy Map – Who Will be the Winners and Losers? By Mirko Rubeis, Principal, The Boston Consulting Group SOCIAL LICENSE TO OPERATE 23 National Talent Shortage: Filling the Gap, Retaining the People By Richard Doidge, Managing Director, Maersk Oil Middle East 29 Good Business: The Energy Sector’s Role in Maximizing In-Country Value By Diego Perez-Claramunt, Social Performance Manager, Middle East & North Africa, Shell 32 On a Mission: Oman’s Pioneering Efforts in Developing a Sustainable Local Supply Base By Said Al-Sarhani, ICV Director, Takatuf Oman LLC 35 Securing Energy for Future Generations, Investing in Energy Efficiency By David Keat, VP Technical & Engineering Support, Al Hosn Gas SPECIAL FEATURE INTERVIEW 38 Q&A with HE Dr. Seyed Mohammed Hossein Adeli, Secretary General, Gas Exporting Countries Forum
    [Show full text]
  • In the Name of God
    In the Name of God and Islamic Islamic and Conference Conference "Proceedings of the First International International First the of "Proceedings awakening on universities professors professors universities on "Selected Papers "Selected 1 "Proceedings of the First International 2 Conference on universities professors and Islamic awakening "Selected Papers Universities Professors and Islamic Awakening and Islamic Islamic and Conference Conference "Proceedings of the First International International First the of "Proceedings "Proceedings of the International Conference on universities professors and Islamic awakening Selected Papers" awakening on universities professors professors universities on 2012 Papers "Selected Permanent Secretariat of the Islamic Awakening Conference Tehran, Iran 3 "Proceedings of the First International 4 Conference on universities professors and Islamic awakening "Selected Papers Universities Professors and Islamic Awakening "Proceedings of the International Conference on universities professors and Islamic awakening Selected Papers" Secretary General of the International Conference on and Islamic Islamic and Conference Conference universities professors and Islamic awakening International First the of "Proceedings Dr. Ali Akbar Velayati Chairman of the Academic Board Dr. Abdollah Mobini awakening professors universities on Members of the Editorial Team (Academic Board and Jury Panel) Dr.Sohrab Salahi, Dr.Ramezan Shabani, Dr.Faramarz Papers "Selected Abedini, Dr.Ali Janati, Dr.Mohammad Hossein Adeli, Dr.Ali Hassan
    [Show full text]
  • IAEE Baku Conference Summary
    First Quarter 2017 International Association for Energy Economics IAEE Baku Conference Summary Editor’s note: We’re pleased to have British journalist and energy analyst, John Roberts, do the summry of the Baku conference for us. How do you cover the plethora of energy issues that link China to the European Union and Russia to the Middle East and OPEC? In a sense, that was the scope of the first Eurasian Conference of the International Association for Energy Economics held in Baku from 28-30 August 2016. But it was not so much the geographical range of the conference organiz- ers’ ambitions so much as the universal approach adopted by so many of the 60-odd speakers and panel chairmen as they tackled climate change, emissions reduction and the role of renewables alongside such well trodden paths as revenue management, market regulation, energy security and oil price volatility. Time and again the presenters would use examples from their own countries or regions to make far broader points. And time and again par- ticipants from the host country, Azerbaijan, would bring the subject back to the key energy issue facing the country: the development of its gas sector and its plans to secure a major stake in European markets. Yet Azerbaijani officials took great pains to stress their country’s role in both regional and global energy issues. “Azerbaijan should benefit from the real opportunity that energy resources should bring to many countries and play a role as a crucial bridge between Europe and Asia,” said Deputy Minister of Energy Natiq Abbasov in his keynote address.
    [Show full text]
  • En Energy Forum Report for Web.Indd
    Brookings Doha Energy Forum Report 2014 April 2-3, 2014 Doha, Qatar A BROOKINGS DOHA CENTER - ENERGY SECURITY INITIATIVE REPORT S BROOKINGS The Brookings Institution is a private non-profit organization. Its mission is to conduct high- quality, independent research and, based on that research, to provide innovative, practical recommendations for policymakers and the public. The conclusions and recommendations of any Brookings publication are solely those of its author(s) and do not reflect the views of the Institution, its management, or its scholars. Copyright © 2014 The Brookings Institution. All rights reserved. The Brookings Institution 1775 Massachusetts Avenue, N.W. Washington, D.C. 20036 U.S.A. www.brookings.edu The Brookings Doha Center Saha 43, Building 63, West Bay, Doha, Qatar www.brookings.edu/doha Acknowledgements The conveners of the 2014 Brookings Doha Energy Forum would like to thank the distinguished participants who made the event such a success. They are particularly grateful to His Excellency Sheikh Mohammed Bin Abdulrahman bin Jassim Al Thani, Minister’s Assistant for International Cooperation Affairs, Ministry of Foreign Affairs, State of Qatar; His Excellency Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry of the State of Qatar; His Excellency Dr. Seyed Mohammad Hossein Adeli, Secretary General, Gas Exporting Countries Forum; and His Excellency Adnan Al-Janabi, Chairman, Oil and Energy Parliamentary Committee, Republic of Iraq. The conveners also thank Nader Sultan and Ivan Sandrea for moderating the plenary sessions, and Tim Boersma, Narendra Taneja, and Herman Franssen for moderating the working groups. The conveners are also greatly appreciative of the Forum Advisory Group’s guidance and input.
    [Show full text]
  • Political Influence but on the Effects That the Impression of Such
    Durham E-Theses An assessment of the political will for oil and gas privatisation in Iran. Reza Molavi, How to cite: Reza Molavi, (2007) An assessment of the political will for oil and gas privatisation in Iran., Durham theses, Durham University. Available at Durham E-Theses Online: http://etheses.dur.ac.uk/2578/ Use policy The full-text may be used and/or reproduced, and given to third parties in any format or medium, without prior permission or charge, for personal research or study, educational, or not-for-prot purposes provided that: • a full bibliographic reference is made to the original source • a link is made to the metadata record in Durham E-Theses • the full-text is not changed in any way The full-text must not be sold in any format or medium without the formal permission of the copyright holders. Please consult the full Durham E-Theses policy for further details. Academic Support Oce, Durham University, University Oce, Old Elvet, Durham DH1 3HP e-mail: [email protected] Tel: +44 0191 334 6107 http://etheses.dur.ac.uk AN ASSESSMENT OF THE POLITICAL WILL FOR OIL AND GAS PRIVATISATION IN IRAN Reza Molavi The copyright of this thesis rests with the author or the university to which it was submitted. No quotation from it, or information derived from it may be published without the prior written consent of the author or university, and any information derived from it should be acknowledged. A thesis submitted in partial fulfilment of the requirements of Durham University, Faculty of Social Sciences, School of Government and International Affairs, for the degree of Doctor of Philosophy Apri12007 1 8 APR 2008 ABSTRACT This study explores issues surrounding the potential for the privatisation of some of Iran's national institutions.
    [Show full text]